The USDCHF pair shows more negative trading on its way to visit the key support 0.9578, and the negative signals still coming from stochastic, to support the continuation of the decline in the upcoming sessions, especially that the EMA50 pushes negatively on the intraday trading.
Therefore, we will continue to suggest the bearish trend in the upcoming period unless the price managed to breach 0.9745 level and holding above it, as this breach represents positive factor that will lead the price to head towards 0.9864 areas mainly.
Expected trading range for today is between 0.9600 support and 0.9745 resistance.
Expected trend for today: Bearish
Origin: Economies
